FX.co ★ ECB Holds Marginal Lending Facility Rate Steady at 2.40%

The European Central Bank has kept its Marginal Lending Facility rate unchanged at 2.40%, according to the latest data updated on 5 February 2026. The rate remains at the same level as the previous reading, signaling policy stability in this key short-term lending benchmark for the euro area.

By maintaining the rate at 2.40%, the ECB is opting for continuity in its approach to short-term liquidity conditions for banks in the Euro Zone. With no change recorded between the previous and current indicator levels, markets are likely to interpret the move as a sign that policymakers see no immediate need to tighten or ease this particular instrument of monetary policy at this time.